Since 2014, European Banks Have Paid €23 Billion To The ECB... And Now Face Disaster

The Labor Department inspector general’s office estimates more than $63 billion in unemployment benefits was paid due to fraud or errors — roughly 10%.....»»

Big banks could face an $11 billion tax increase under Biden's tax proposal, a reversal from the billions saved under Trump's 2017 tax cuts. U.S. .....»»

The executive branch of the European Union is scheduled to release two sweeping legislative proposals on Tuesday that will set the stage for regulating Big Tech in Europe......»»

European stocks failed to hold early gains Monday, as hopes that central banks across the world will deliver interest-rate cuts weren’t enough in the face of recession worries that have rattled markets......»»

European buyout fund Eurazeo has hired Citigroup and Evercore to prepare the sale of its payments business Planet in a deal that could value the Irish firm at up to 2 billion euros ($2.22 billion), three sources told Reuters......»»

U.S. aluminum maker Novelis [NVLXC.UL] must offer concessions to European Union competition authorities by Aug. 9 to gain approval for its $2.6 billion takeover of aluminum processor Aleris [TXPACA.UL], sources close to the matter said......»»

JPMorgan Chase & Co. and UBS Group AG are among five banks being sued over allegations of foreign-exchange rigging in a class-action lawsuit seeking more than 1 billion pounds ($1.2 billion)......»»

A Federal Reserve rate cut could lead to the same challenges for Wall Street lenders that European banks have been dealing with, Lorenzo Bini Smaghi said......»»

Volkswagen and FiatChrysler could face penalties of up to 1.83 billion euros ($2.08 billion) and 746 million euros respectively, if they fail to meet the European Union's emissions targets set for 2021, according to AlixPartners......»»

Barclays, Citigroup, JP Morgan, MUFG and Royal Bank of Scotland were fined a combined 1.07 billion euros ($1.2 billion) by the European Union on Thursday for rigging the multi-trillion dollar foreign exchange market......»»

European Union regulators have fined five banks a total of more than 1 billion euros ($1.1 billion) for allegedly colluding in the trade of large sums of foreign currency......»»

The discovery of oil in northwestern North Dakota turned several small towns into unexpected boomtowns from 2006 to 2014. But the end of the boom spelled economic disaster for many of the new residents in towns such as Williston and Watford City......»»

The discovery of oil in northwestern North Dakota turned several small towns into unexpected boomtowns from 2006 to 2014. But the end of the boom spelled economic disaster for many of the new residents in towns such as Williston and Watford City......»»

The discovery of oil in northwestern North Dakota turned several small towns into unexpected boomtowns from 2006 to 2014. But the end of the boom spelled economic disaster for many of the new residents in towns such as Williston and Watford City......»»

Soccer is the most popular sport in the world. Over one billion people watched the last World Cup in 2014, and that year, FIFA reported raking in over $5.7 billion in revenue......»»

The loans were designed to help Northern European banks, not Greeks......»»

EU antitrust regulators plan to drop legal action against Ireland after iPhone maker Apple paid 13.1 billion euros ($15.3 billion) in back taxes following a regulatory order two years ago, the European Commission said on Tuesday......»»

Apple is still appealing the European Commission's decision. Apple has handed over EUR14.3 billion ($16.7 billio.....»»

The European Banking Authority said 48 banks in 15 European countries would see capital depleted by 226 billion euros ($257 billion.....»»

The whistleblower who revealed alleged money laundering involving Danske Bank said on Monday that a major European lender helped process up to $150 billion in suspicious payments and two U.S. banks were also involved......»»